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Baillie Gifford

Capital at risk

Investment capability

Core growth

Core growth means investing in our best ideas while paying more regard to benchmarks and volatility than we do for other strategies. The portfolios are our most diversified.

Caving team at the bottom of a deep cave wearing torches, with ropes hanging from the daylight above.

What are core growth’s characteristics?

Our equity-only core portfolios typically hold more than 100 investments. Our multi-asset ones can hold over 200. We construct both with an emphasis on quality and diversity in terms of the number of holdings, style and, where relevant, asset types. We manage equity-only portfolios within a tracking error range against a benchmark. Our multi-asset portfolios have stated volatility targets as a secondary objective alongside investment goals. These seek to outperform cash returns significantly.

How do we invest in core growth?

Individual equity teams manage the core equity portfolios, combining regional portfolios for those that have a global benchmark. This modular approach lends itself to client-tailored allocations where desired. 

Multi-asset growth portfolios are managed by a dedicated team whose remit includes stocks, bonds commodities, insurance-linked bonds, property, structured finance, infrastructure and more. 

Core-growth strategies

  1. Orchestra playing in dark room

    Global Core

    With over 20 years of experience, our Global Core strategy offers tailored asset allocation to invest in Baillie Gifford's regional equity ideas.
  2. Rodel Saltmarsh on Isle of Harris, Outer Hebrides, Scotland, United Kingdom, Europe.

    UK Core

    A focused strategy investing in British businesses for 5+ years, aiming for exceptional earnings growth and value.

All our investment capabilities

Filtered by
  1. Caving team at the bottom of a deep cave wearing torches, with ropes hanging from the daylight above.

    Core growth

    Large, diverse portfolios of growth-focused holdings built with benchmarks and reduced volatility in mind.
  2. The Valencia City of Arts and Sciences at sunset.

    Equity and multi-asset income

    Seeking both dependable income and long-term capital growth.
  3. Asian woman working in vegetable greenhouse.

    Flexible growth

    Portfolios containing a mix of firms focused on disruption, steady compounding and timely capital allocation.
  4. A honey hunter hanging off a cliff on a rope ladder.

    High growth

    Concentrated portfolios of fast-growth companies, typically holding between 25 and 50 stocks.

Important information

Qualified Investors include those that the Financial Services Act (FinSA) defines as Professional or Institutional Clients, which range from central banks to private investment structures with professional treasury operations created for a high-net-worth retail client. If you are not a qualified investor please select “Change” at the top of this page.

Baillie Gifford Investment Management (Europe) Limited is authorised and regulated by the Central Bank of Ireland (Reference number C182354) as an Alternative Investment Fund Manager and UCITS Manager to Baillie Gifford Worldwide Funds plc. Its registered office is 4/5 School House Lane East, Dublin 2, D02 N279, Ireland.

Scottish Mortgage Investment Trust PLC (the “Company”) is an alternative investment fund for the purpose of Directive 2011/61/EU (the “AIFM Directive”). Baillie Gifford & Co Limited is the alternative investment fund manager (“AIFM”) of the Company and has been authorised for marketing to Professional Investors in this jurisdiction. This website is made available by Baillie Gifford Investment Management (Europe) Limited (“BGE”), which has been engaged by the AIFM to carry out promotional activities relating to the Company. BGE is authorised by the Central Bank of Ireland as an AIFM under the AIFM Regulations and as a UCITS management company under the UCITS Regulation. BGE also has regulatory permissions to perform promotional, advisory and Individual Portfolio Management activities. BGE has passported its authorisations under the mechanisms set out in the AIFM Directive.

This website is informative only and the information provided should not be considered as investment or other advice or a recommendation to buy, sell or hold a particular investment. You can read details of our Legal and Important Information here.